LVMH close to acquiring stake in Victoria Beckham

According to several sources contacted by CPP-LUXURY.COM to verify rumors published yesterday in the NYTimes and several UK media, LVMH is indeed in preliminary talks to acquire a minority stake in the hugely promising  fashion label of Victoria Beckham.

With only one store in London and a second one planned for Hong Kong, Victoria Beckham has been one of the best performing young luxury fashion brands, founded by immensely popular pop-singer turned entrepreneur / fashion designer, often compared to Tamara Mellon, the founder of Jimmy Choo.

The integration of Victoria Beckham into a group such as LVMH would bring obvious immediate financial advantages, however, it could also harm the clout of the brand admired for its independence.

Victoria Beckham